Blazers still 4.5 games out of the play-in...technically
I think the Blazers will lose the tiebreaker with Golden State so Portland would hypothetically be 5.5 games behind if they split the remaining 2 games
Blazers have a chance to win the tie-breaker with Sacramento but they have to win the 4th game in Sacramento. If Portland wins they'd pick up 2 games on the Kings. If Portland loses, Sacramento wins the tiebreaker because of better conference record (Blazers with a very remote mathematical chance, but no practical chance
Blazers 3.5 games behind the Suns but the Suns basically own the tiebreaker of effectively Blazers are 4.5 games behind
Blazers 1.5 games behind the Spurs, but Spurs own the tiebreaker so the gap is 2.5 games
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Power Ranking Guru rates the remaining strength of schedule:
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Tankathon:
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Portland has 5 relatively easy games left for February, but then the schedule gets brutal in March
Phoenix has the hardest remaining SOS. Golden State the easiest